How do employers view pension obligations within overall costs and benefits packages or legal obligations? What evidence is there of employer cost mitigation through, for example, wage suppression?

Background

This encompasses priorities around:
- reducing the percentage of pensioners in absolute low income after housing costs
- Increasing the total number of people automatically enrolled in workplace pensions and building retirement savings
- continuing to explore how to make it easier for self-employed people to save for retirement

Next steps

Send correspondence and further questions to evidence.strategyteam@dwp.gov.uk.

Source

This question was published as part of the set of ARIs in this document:

DWP Areas of Research Interest 2023 GOV UK

Related UKRI funded projects


  • Dynamics in private pension saving across the income distribution

    How much people save for their retirement is extremely important. It matters not only for individuals' wellbeing but also for society in general because those with insufficient private savings are more reliant on governm...

    Funded by: ESRC

    Lead research organisation: Institute for Fiscal Studies

    Why might this be relevant?

    The project discusses pension saving, employer contributions, and policy implications, but does not directly address employer views on pension obligations or wage suppression.

  • The adequacy and optimality of retirement provision: household behaviour and the design of pensions

    The UK is currently in the midst of sweeping changes to both state pension provision and private pension arrangements. Recent policy reforms include the introduction of the 'new state pension' from April 2016, further in...

    Funded by: ESRC

    Lead research organisation: Institute for Fiscal Studies

    Why might this be relevant?

    The project explores retirement provision, household behaviour, and policy reforms, but does not directly address employer views on pension obligations or wage suppression.

  • The Thatcher pension reforms and their consequences

    Since the end of 2006 there has been a widespread consensus that Britain's pension system is seriously dysfunctional. The debate over the nature and extent of the 'pensions crisis,' and over ways in which it might best b...

    Funded by: AHRC

    Lead research organisation: University of Bristol

    Why might this be relevant?

    The project focuses on historical pension reforms and their consequences, but does not address the specific question about employer views on pension obligations or wage suppression.

  • Total Reward, the Great Recession and the Proposed Public Sector Pension Reforms: Evidence from the Public vs. Private Sectors in the UK

    After three decades of steady and strong growth, real wages in the UK peaked in 2009 to fall since then as inflation outstripped nominal wage gains. Although by no means being the main cause of the UK's crisis of (public...

    Funded by: ESRC

    Lead research organisation: University of Sussex